Alvarium Investments, a global multifamily office, has joined forces with French real estate operating partner and asset manager Osesam to create a platform dedicated to investing in and managing real estate assets in France.
Alvarium will commit $100 million per year to the joint venture, investing in its own right and advising private and institutional clients whom it invests alongside. Alvarium to date has invested more than $4 billion of equity via its direct real asset co-investment program.
This move is the latest step in Alvarium’s expansion across service lines and geographies, following a three-year period of organic growth and acquisitive activity.
Cédric Lamielle, head of the Paris office of Alvarium, said, “We are delighted to be partnering with the team at Osesam who bring significant investment and asset management experience in the French real estate sector. Real estate currently represents 50 percent of Alvarium’s assets worldwide, which
